Discount
Dollar General | Triple Net Lease | Limited Competition in Area | Ratcliff, AR
8770 AR-22, Ratcliff, AR 72951
Listing Price: $1,045,000
Cap Rate
7.50%
Tenant Name
Dollar General
Years Remaining On Lease
5.3
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$8.61
Investment Overview
Marcus & Millichap is pleased to present the offering for Dollar General in Ratcliff, Arkansas.
Dollar General | Triple Net Lease | Limited Competition in Area | Ratcliff, AR
Investment Highlights
- SINGLE TENANT DOLLAR GENERAL LOCATION: 9,100 Square Feet on a Large 1.41 Acre Lot with 25 Parking Spaces.
- TRIPLE NET LEASE: 2016 Construction with Over Five Years Remaining on the Original Triple-Net Lease. No Landlord Responsibilities.
- RENTAL INCREASES IN EACH OPTION: 10 Percent Rental Increases in Each of Five, Five-Year Renewal Options.
- CORPORATE GUARANTEE: Lease is Guaranteed by Dollar General, with Over 20,000 Locations Across 48 States.
- HIGH VISIBILITY LOCATION: Property Features Lighted Pylon Sign and Easy Access from Both Traffic Directions.
- LIMITED COMPETITION IN AREA: Closest Dollar Store Location is Over Eight Miles Away in Both Directions.
- STABLE TRAFFIC CORRIDOR: Located Along Arkansas Highway 22 Seeing 4,700 Vehicles per Day (VPD).
- STABLE DEMOGRAPHICS: The Population Exceeds 12,700 within 10-Miles. Unemployment in the Area is Below 3 Percent.
Exclusively Listed By
Broker of Record
Financing By
Discount
Dollar General | Triple Net Lease | Limited Competition in Area | Ratcliff, AR
Listing Price: $1,045,000
Cap Rate
7.50%
Tenant Name
Dollar General
Years Remaining On Lease
5.3
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$8.61
Investment Highlights
- SINGLE TENANT DOLLAR GENERAL LOCATION: 9,100 Square Feet on a Large 1.41 Acre Lot with 25 Parking Spaces.
- TRIPLE NET LEASE: 2016 Construction with Over Five Years Remaining on the Original Triple-Net Lease. No Landlord Responsibilities.
- RENTAL INCREASES IN EACH OPTION: 10 Percent Rental Increases in Each of Five, Five-Year Renewal Options.
- CORPORATE GUARANTEE: Lease is Guaranteed by Dollar General, with Over 20,000 Locations Across 48 States.
- HIGH VISIBILITY LOCATION: Property Features Lighted Pylon Sign and Easy Access from Both Traffic Directions.
- LIMITED COMPETITION IN AREA: Closest Dollar Store Location is Over Eight Miles Away in Both Directions.
- STABLE TRAFFIC CORRIDOR: Located Along Arkansas Highway 22 Seeing 4,700 Vehicles per Day (VPD).
- STABLE DEMOGRAPHICS: The Population Exceeds 12,700 within 10-Miles. Unemployment in the Area is Below 3 Percent.
Investment Overview
Marcus & Millichap is pleased to present the offering for Dollar General in Ratcliff, Arkansas.
Exclusively Listed By
Broker of Record
Financing By
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